$PATK

Patrick Industries (PATK) Reports Q2 Earnings: What Key Metrics Have to Say

Patrick Industries (PATK) reported Q2 for the quarter ended June 2026 revenue of $1.04B, down 0.6% year over year, and EPS of $1.29 versus $1.50 a year earlier. Revenue beat the Zacks consensus by 4.29% and EPS by 4.88%. Segment net sales included RV $407M (-15% YoY), powersports $123M (+28.1%), and marine $191M (+22.4%).

Original reporting
Published Jul 30, 2026, 1:30 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Jul 30, 2026, 4:02 PM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
Patrick Industries (PATK) Reports Q2 Earnings: What Key Metrics Have to Say — source image
Decision brief

The 30-second read

$PATKNeutralMed
01

Why it matters

Traders may reprice the stock based on the magnitude of the consensus beat and the direction of segment trends, especially RV weakness versus powersports and marine growth.

02

Market read

A consensus beat with mixed YoY performance and divergent segment trends can drive near-term positioning around earnings quality and durability.

03

What to watch

No guidance, backlog, margin, or cash-flow commentary is included, which are often the key drivers of follow-through after an earnings print.

Relevance 7/10Novelty 7/10Timing: post-earnings, for the quarter ended June 2026

Background

The article summarizes Patrick Industries Q2 results and compares revenue, EPS, and key segment net sales to Zacks consensus and year-ago figures.

Company-level read

Ticker impact

$PATKNeutralMedium confidence
Context

Patrick Industries reported Q2 revenue of $1.04B (-0.6% YoY) and EPS of $1.29, both versus Zacks consensus estimates.

Expected impact

Likely modest post-earnings volatility, with focus shifting to whether segment strength (powersports, marine) offsets RV weakness.

Evidence & confidence

The article provides hard earnings figures and segment net sales by market type, but no guidance or balance-sheet/cash-flow details to confirm durability beyond the quarter.

Market effects

Segment mix matters for RV and adjacent categories; powersports and marine strength may partially cushion cyclical RV demand.

No regional demand signals provided in the article.

No global macro or international exposure details provided.

Counterpoint

The consensus beat may be less meaningful if the core business is still contracting year over year, implying the stock could fade if investors expected stabilization.

Key entities

  • Patrick Industries

    Reports Q2 revenue, EPS, and segment net sales by RV, powersports, and marine, with beats versus consensus but declines YoY.

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Despite RV industry headwinds, Patrick Industries reports Q2 profit growth - Inside INdiana Business

Patrick Industries reported Q2 net income of $43.4 million, up from $32.4 million a year earlier. Net sales were $1.04 billion, slightly below $1.05 billion. The company cited a 15% drop in RV end-market revenue, partly offset by growth in marine, powersports and housing. It also announced a merger with LCI Industries expected to close in H1 2027.

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Patrick Industries: Marine And Powersports Growth Offset 15% Decline In RV Revenue

Patrick Industries reported Q2 2026 net sales of $1.04B, down less than 1% from $1.05B. Marine revenue rose 22% and Powersports rose 28%, offsetting a 15% RV revenue decline to $407M as RV wholesale unit shipments fell 16%. Operating income fell to $77M and operating margin to 7.4% from 8.3%. Adjusted EBITDA fell to $126M. Patrick signed an all-stock merger agreement with LCI Industries.

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Patrick Industries (PATK) Stock Slides As Margin Questions Linger

Simply Wall St reports Patrick Industries (PATK) shares fell about 1.7% to ~$82.55 after its Q2 release. The quarter showed revenue of ~$1.04b and basic EPS of ~$1.36. Net income excluding special items rose to ~$43.4m, but adjusted EBITDA margin slipped to 12.1% from 12.9%, with operating cash flow down YTD to ~$69m.

$PATKMedAI 8/10

Patrick Industries (PATK) Q2 2026 Earnings Call Transcript

Thursday, July 30, 2026 at 10:00 a.m. ET CALL PARTICIPANTS Vice President of Investor Relations - Steve O'Hara Chief Executive Officer - Andy Nemeth President - Jeffrey Rodino Chief Financial Officer - Matthew Filer TAKEAWAYS Net Sales -- $1.04 billion, representing a decrease of less than 1% as growth in Marine, Powersports, and Housing markets helped offset a 15% decline in recreational vehicle (RV) revenue.

$PATKMed

Patrick Industries Q2 Earnings Call Highlights

That gap implied a seasonal dealer inventory reduction of about 21,600 units. Estimated RV dealer inventory was 18 to 20 weeks on hand at quarter-end, below 20 to 22 weeks at the end of the first quarter and below pre-pandemic averages of 26 to 30 weeks. Despite the shipment decline, Patrick estimated trailing-12-month RV content per unit increased 7% to $5,303. Quarterly content per unit rose 2% year over year.

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Patrick Industries Reports Fiscal Q2

Patrick Industries reported fiscal Q2 net sales of $1.04B, essentially flat year over year, as marine, powersports and housing gains offset a double-digit RV revenue decline from lower wholesale unit shipments. Net income rose 34% to $43M. Marine revenue rose 22% to $191M. The company is progressing toward an all-stock merger with LCI Industries.